Chaucer Syndicates Limited has provided the following update on the open years of Syndicate 1176.

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

46,403

32.5% to 42.5%

15.0% to 35.0%

12.5 points better

2021

46,476

10.0% to 30.0%

10.0% to 30.0%

unchanged

 

The attached summary shows all second quarter forecasts received to date.

Syndicate forecasts are expressed as a percentage of syndicate capacity and are after all standard personal expenses but before members’ agents’ charges.